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S&P 500   3,800.53
DOW   30,593.83
QQQ   325.93
S&P 500   3,800.53
DOW   30,593.83
QQQ   325.93
S&P 500   3,800.53
DOW   30,593.83
QQQ   325.93
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1st Source Stock Forecast, Price & News

-1.19 (-2.77 %)
(As of 01/26/2021 12:00 AM ET)
Today's Range
Now: $41.82
50-Day Range
MA: $41.14
52-Week Range
Now: $41.82
Volume45,988 shs
Average Volume59,018 shs
Market Capitalization$1.07 billion
P/E Ratio13.94
Dividend Yield2.60%
1st Source Corporation operates as the holding company for 1st Source Bank that provides commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients. Its consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; online and mobile banking products; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services, as well as debit and credit cards. The company also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and renewable energy and acquisition financing; and commercial leasing, treasury management, and retirement planning services. In addition, it provides a range of trust, investment, agency, and custodial services comprising administration of estates and personal trusts, as well as management of investment accounts for individuals, employee benefit plans, and charitable foundations. Further, the company offers equipment loan and lease products for new and used aircraft, auto and light trucks, construction equipment, and medium and heavy duty trucks; and leases construction equipment, various types of trucks, vans, automobiles, motor coaches, shuttle buses, and other equipment. Additionally, it provides corporate and personal property, casualty, and individual and group health and life insurance products and services; and investment advisory services to trust and investment clients. As of December 31, 2019, the company operated through 80 banking centers in 17 counties in Indiana and Michigan, and Sarasota County in Florida. 1st Source Corporation was founded in 1863 and is headquartered in South Bend, Indiana.
1st Source logo


Overall MarketRank

1.80 out of 5 stars

Finance Sector

392nd out of 1,936 stocks

State Commercial Banks Industry

87th out of 309 stocks

Analyst Opinion: 1.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
Current SymbolNASDAQ:SRCE
Year FoundedN/A



Sales & Book Value

Annual Sales$384.01 million
Cash Flow$5.03 per share
Book Value$33.27 per share


Net Income$91.96 million


Market Cap$1.07 billion
Next Earnings Date4/22/2021 (Estimated)
-1.19 (-2.77 %)
(As of 01/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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1st Source (NASDAQ:SRCE) Frequently Asked Questions

How has 1st Source's stock been impacted by Coronavirus (COVID-19)?

1st Source's stock was trading at $32.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SRCE stock has increased by 29.9% and is now trading at $41.82.
View which stocks have been most impacted by COVID-19

Is 1st Source a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 1st Source in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" 1st Source stock.
View analyst ratings for 1st Source
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than 1st Source?

Wall Street analysts have given 1st Source a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but 1st Source wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Chris Murphy III's approval rating as 1st Source's CEO?

38 employees have rated 1st Source CEO Chris Murphy III on Glassdoor.com. Chris Murphy III has an approval rating of 89% among 1st Source's employees.

When is 1st Source's next earnings date?

1st Source is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for 1st Source

How were 1st Source's earnings last quarter?

1st Source Co. (NASDAQ:SRCE) announced its quarterly earnings data on Wednesday, January, 20th. The financial services provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.32. 1st Source had a trailing twelve-month return on equity of 8.68% and a net margin of 20.93%.
View 1st Source's earnings history

How often does 1st Source pay dividends? What is the dividend yield for 1st Source?

1st Source announced a quarterly dividend on Thursday, January 21st. Shareholders of record on Tuesday, February 2nd will be given a dividend of $0.29 per share on Friday, February 12th. This represents a $1.16 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend is Monday, February 1st. This is a positive change from 1st Source's previous quarterly dividend of $0.28.
View 1st Source's dividend history

Is 1st Source a good dividend stock?

1st Source pays an annual dividend of $1.12 per share and currently has a dividend yield of 2.60%. The dividend payout ratio of 1st Source is 31.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, 1st Source will have a dividend payout ratio of 40.14% next year. This indicates that 1st Source will be able to sustain or increase its dividend.
View 1st Source's dividend history.

What price target have analysts set for SRCE?

1 brokerages have issued 12 month price objectives for 1st Source's shares. Their forecasts range from $44.00 to $44.00. On average, they expect 1st Source's stock price to reach $44.00 in the next year. This suggests a possible upside of 5.2% from the stock's current price.
View analysts' price targets for 1st Source
or view Wall Street analyst' top-rated stocks.

Who are some of 1st Source's key competitors?

What other stocks do shareholders of 1st Source own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 1st Source investors own include Bank of America (BAC), Anadarko Petroleum (APC), Fresnillo (FNLPF), KeyCorp (KEY), 3M (MMM), Exxon Mobil (XOM), Arbor Realty Trust (ABR), Pfizer (PFE), Aflac (AFL) and The Boeing (BA).

Who are 1st Source's key executives?

1st Source's management team includes the following people:
  • Mr. Christopher J. Murphy III, Pres, CEO & Chairman (Age 74, Pay $1.53M)
  • Ms. Andrea Gayle Short, Principal Accounting Officer, Exec. VP, Treasurer & CFO (Age 58)
  • Mr. John B. Griffith, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 63)
  • Mr. Jeffrey L. Buhr, Exec. VP & Chief Credit Officer of 1st Source Bank (Age 61)
  • Mr. Lanny Scoby, City Pres of Kalamazoo Market-1st Source Bank
  • Mr. Chris Strafford, Sr. VP
  • Mr. Larry Mayers, Regional Pres of 1st Source Bank
  • Mr. Christopher L. Craft CFA, CTP, Pres & COO of Specialty Fin. Group - 1st Source Bank
  • Mr. Greg Brown, Pres of Specialty Vehicle Division and Pres of Auto/Light Truck Division
  • Mr. Matthew Vessely, Regional Pres for Porter and LaPorte Counties

What is 1st Source's stock symbol?

1st Source trades on the NASDAQ under the ticker symbol "SRCE."

Who are 1st Source's major shareholders?

1st Source's stock is owned by a variety of retail and institutional investors. Top institutional investors include Boston Trust Walden Corp (1.13%), Reinhart Partners Inc. (0.91%), Indiana Trust & Investment Management CO (0.24%) and Exchange Traded Concepts LLC (0.03%). Company insiders that own 1st Source stock include Christopher J Murphy III, Daniel B Fitzpatrick, John Afleck-Graves, John B Griffith and Mark D Schwabero.
View institutional ownership trends for 1st Source

Which major investors are selling 1st Source stock?

SRCE stock was sold by a variety of institutional investors in the last quarter, including Indiana Trust & Investment Management CO, Reinhart Partners Inc., and Boston Trust Walden Corp.
View insider buying and selling activity for 1st Source
or view top insider-selling stocks.

Which major investors are buying 1st Source stock?

SRCE stock was acquired by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC. Company insiders that have bought 1st Source stock in the last two years include Christopher J Murphy III, Daniel B Fitzpatrick, John Afleck-Graves, and Mark D Schwabero.
View insider buying and selling activity for 1st Source
or or view top insider-buying stocks.

How do I buy shares of 1st Source?

Shares of SRCE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is 1st Source's stock price today?

One share of SRCE stock can currently be purchased for approximately $41.82.

How big of a company is 1st Source?

1st Source has a market capitalization of $1.07 billion and generates $384.01 million in revenue each year. The financial services provider earns $91.96 million in net income (profit) each year or $3.57 on an earnings per share basis. 1st Source employs 1,175 workers across the globe.

What is 1st Source's official website?

The official website for 1st Source is www.1stsource.com.

How can I contact 1st Source?

1st Source's mailing address is 100 NORTH MICHIGAN STREET, SOUTH BEND IN, 46601. The financial services provider can be reached via phone at 574-235-2000 or via email at [email protected]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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